
Sonic Automotive Reaches New 52-Week High (SAH)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $16.90, above its previous 52-week high of $16.51 with 58,368 shares traded as of 10:25 a.m. ET. Average volume has been 546,900 shares over the past 30 days.
Sonic Automotive has a market cap of $639.2 million and is part of the
sector and
industry. Shares are up 11.1% year to date as of the close of trading on Thursday.
Sonic Automotive, Inc. operates as an automotive retailer in the United States. The company has a P/E ratio of eight, equal to the average specialty retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sonic Automotive as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full
Sonic Automotive Ratings Report
.
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